The commitment was made during a meeting with Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong.

Kim also hailed Cambodia for its rapid economic and social
development in the last decade, saying in his diplomatic mission, he
would help increase development assistance to Cambodia and would boost
stronger ties in trade and investment.

Meanwhile, Hor Namhong said that bilateral ties this year will be
closer because, in July alone, the South Korean Foreign Minister Kim
Sung-hwan will visit Cambodia three times -- to attend the ASEAN
Regional Forum, join the East Asian Foreign Ministers Forum, and for the
Mekong-South Korea meeting.

The two sides also exchanged ideas on the Korean peninsula issue and
agreed that the issue should be settled peacefully for regional
stability and added that the six-party talks should be resumed as soon
as possible.

South Korea is one of Cambodia's leading trading partners and investors.

The bilateral trade volume reached 538 million U.S. dollars last
year, up 43 percent year-on-year, according to the statistics of the
Korea Trade-Investment Promotion Agency in Phnom Penh.

Of the figures, Cambodia's exports to South Korea rose by 101 percent
to 87.3 million U.S. dollars last year and the country's imports from
South Korea increased by 35 percent to 450.7 million U.S. dollars, it
said.

On the investment side, South Korea is the second largest investor in
Cambodia after China, with promised investments of 4. 04 billion U.S.
dollars since 1994 to 2011, according to a report of the Council for the
Development of Cambodia.

South Korea is also a key lender to Cambodia for infrastructure and
irrigation system development. As of last year, the country has provided
341 million U.S. dollars to Cambodia.

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